As the business portal reports, his prediction is based on the recent changes in the Philippines, where President Duterte has been working tirelessly to reduce crime and drugs but also soften relations with China. Thanks to the improvement of the bilateral relations, the Philippines will be seeing a new wave of Chinese visitors, according to the 74-year old businessman.

However, according to official data, the Philippines have a long way to go, as their revenue is expected to reach $3 billion in 2016 – a number lower than Singapore ($4.8 billion in 2015) and not even close to Macau who still hold the spotlight with $28.9 billion in 2015. But despite the stiff competition, Okada says he has high hopes about his new resort.

According to the article, Okada expects the casino to bring returns to his investment within three-five years. Their initial goal is to attract 30% of international visitors from China, Korea, Taiwan and Japan and later grow it to 50% – a brave outlook, no doubt, considering recent events.